Can Prominence Bank help finance a trade if I don’t have the cash up front (for example, via collateralized deals)?
Yes, one of our key offerings in trade finance is to overcome cashflow issues in global trade . Suppose you have a purchase […]
Collateral
Are Prominence Bank’s instruments (LCs, SBLCs, BGs, etc.) accepted by other banks worldwide?
Absolutely. Prominence Bank is a fully licensed bank and when we issue a financial instrument, it is transmitted through the
What types of bank instruments and financial guarantees can Prominence Bank provide?
Prominence Bank offers a wide range of financial instruments for trade and credit enhancement. These include: Letters of Credit (LC), Standby Letters of Credit
Can I apply for a loan with a Safe Keeping Receipt (SKR)?
Prominence Bank – Loan Application with Safe Keeping Receipt (SKR) Yes, you may apply for a loan using a Safe